Answer the following statements true (T) or false (F)
1. Utilitarian decision makers may reach different conclusions when faced with the same dilemma.
2. Utilitarian decision makers are only concerned with developing personal character.
3. Confucius believed “what is right for one is right for all.”
4. Rawl’s principles are designed to foster cooperation and standards within organizations and democracies.
1. True
2. False
3. False
4. True
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Jay’s Catering Company holds tasting events that work as a small business strategic alliance by promoting
A. its combined technological expertise. B. the various cultures in the community. C. other complementary service providers. D. the flexibility of this small company.
A(n) ________ exists when a vendor and a retailer enter into an agreement that requires the retailer to take a product it doesn't necessarily desire to ensure that it can buy a product that it does desire.
A. functional discount B. exclusive dealing agreement C. buyback D. competition E. tying contract
Dakota Company has four customers: A, B, C, and D. The accounts receivable balance in the general ledger is $9,083 and the accounts receivable subsidiary ledger of customers A, C, and D have $1,746, $3,296, and $3,940, respectively. Calculate the amount in the accounts receivable subsidiary ledger account of customer B.
A) $8,982 B) $1,847 C) $1,291 D) $101
Identify the correct statement about the importance of salespeople and selling.
A. Salespeople are responsible for keeping existing products in the marketplace, but have little to do with the success of new products. B. Salespeople have a direct impact on the opening of new businesses and whether that business is successful. C. Only the legal profession generates more revenue in our economy than the selling profession. D. Salespeople are responsible for the success of new products, but have little to do with keeping existing products in the marketplace. E. Only the medical profession generates more revenue in our economy than the selling profession.